From a Vicious Cycle to a Virtuous Cycle

By: Chandu Visweswariah The 21st century will witness a series of profound macro-economic decoupling forces. Traditional wisdom has it that the more advanced and prosperous an economy, the more energy that economy uses. There is strong historical data for over a century to support this tight coupling. Unfortunately, this sets up a vicious cycle. We optimize our economic policies to…

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